Answered: WHAT IS BLOCKCHAIN?

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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WHAT IS BLOCKCHAIN?

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Definition

Blockchain is a novel technology of today’s era. Blockchain is basically a growing list of records called blocks that are connected using cryptography. A block in a blockchain is a group of data. The data is added to the block in blockchain, by linking it with other blocks in sequential order creating a chain of blocks linked together and hence called Blockchain. The first block in the Blockchain is referred to as a Genesis Block.

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